A Guide to Delivering Good Asset Management in the Road Sector through Performance Based Contracting
The road sector represents a significant asset to any country both in terms of the physical cost to build it, and the social and economic benefits that it facilitates. Good asset management in the road sector is about obtaining the desired benefits...
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| Language: | English en_US |
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World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2014/03/19456225/guide-delivering-good-asset-management-road-sector-through-performance-based-contracting http://hdl.handle.net/10986/18646 |
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okr-10986-186462021-04-23T14:03:47Z A Guide to Delivering Good Asset Management in the Road Sector through Performance Based Contracting Gericke, Ben Henning, Theuns Greewood, Ian ACCESSIBILITY ACCIDENTS AMOUNT OF DEBT AMOUNT OF RISK ASSET MANAGEMENT ASSET MANAGER ASSETS BANK LOANS BID BIDDERS BIDDING BIDDING DOCUMENTS BIDS BOND BUDGETING CAPABILITY CAPACITY BUILDING CASH FLOW CONTRACT VALUE COPYRIGHT DAY-TO-DAY MANAGEMENT DEBT DEBT INTEREST DELIVERY OF GOOD DERIVATIVE DEVELOPING COUNTRIES DRAINAGE DRIVING E-MAIL ECONOMIC BENEFITS ECONOMIES OF SCALE EMPLOYMENT EXPENDITURE EXTERNAL BORROWING EXTERNAL CONSULTANT EXTERNAL FUNDING FINANCIAL EXPOSURE FINANCIAL INCENTIVE FINANCIAL MANAGEMENT FINANCIAL TRANSACTIONS FISCAL CONSTRAINT FLOW CHART HELP DESK HIGHWAY HIGHWAY AUTHORITIES IMPLEMENTATION PROCESS IMPLEMENTATION STRATEGY INDUSTRY INVOLVEMENT INNOVATION INSPECTION INSPECTIONS INTEREST COSTS INTERNATIONAL BANK INTERNATIONAL CONSULTANTS INTERNATIONAL LENDING INVENTORY INVESTING INVESTMENT DECISIONS LABOR ORGANIZATIONS LABOR SHORTAGES LANES LEGAL FRAMEWORK LEGAL ISSUES LICENSES LOAN LOCAL CAPACITY MATERIAL MONIES MOTIVATION NATURAL DISASTERS NETWORKS NEW TECHNOLOGIES OUTPUTS OUTSOURCING PARADIGM SHIFT PAVEMENT MAINTENANCE PAVEMENT REHABILITATION PERFORMANCE INDICATORS PERFORMANCE MEASURE PERFORMANCE MEASURES PHOTO PHYSICAL ASSETS PHYSICAL INFRASTRUCTURE PROCUREMENT PROCUREMENT PROCESS PROFIT OPPORTUNITIES PUBLIC WORKS QUERIES RENEGOTIATION RESOURCE ALLOCATION RESULT RESULTS RETENTION RETURN RETURNS RISK MANAGEMENT RISK SHARING ROAD ROAD INFRASTRUCTURE ROAD MAINTENANCE ROAD MANAGEMENT ROAD NETWORK ROAD SAFETY ROAD SECTOR ROAD TAXES ROAD USER ROAD USERS ROADS SAFETY IMPROVEMENTS SAFETY ISSUES SERVICE PROVIDERS SIGNAGE SOCIAL SERVICES STATEMENT STREET LIGHTING SUPERVISION TARGETS TECHNICAL MEASURES TECHNICAL SUPPORT TELEPHONE TENDERING TENDERS TOLLS TOP MANAGEMENT TRADE FACILITATION TRAFFIC TRANSPARENCY TRANSPORT TRANSPORT AGENCIES TRANSPORTATION TRAVEL SPEEDS TRUCKS TRUE VEHICLE VEHICLE USAGE VEHICLES WEB WORK FORCE The road sector represents a significant asset to any country both in terms of the physical cost to build it, and the social and economic benefits that it facilitates. Good asset management in the road sector is about obtaining the desired benefits at the least whole-of-life cost, and it is therefore natural to seek to implement a robust asset management approach on what is typically a nation's largest asset. Implementation of performance based contracting (PBC) necessitates the identification of many of the cornerstones to asset management, such as knowing the asset, managing risks, and determining the sustainable level of service for the funds available. The aim of this guide is to help understand: (1) what asset management is and why it is important; (2) how performance based contracting delivers good asset management; and (3) the issues and challenges associated with successful implementation of a performance based contract. This guide is focused on PBCs with a significant contract term. This guide draws extensively on the report, review of performance based contracting in the road sector, phase 1: tasks 1 to 6 which examined 35 projects across 27 countries, combined with the knowledge of an international project team. 2014-06-12T20:04:32Z 2014-06-12T20:04:32Z 2014-03 http://documents.worldbank.org/curated/en/2014/03/19456225/guide-delivering-good-asset-management-road-sector-through-performance-based-contracting http://hdl.handle.net/10986/18646 English en_US Transport papers series;no. TP-42B CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Working Paper |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCESSIBILITY ACCIDENTS AMOUNT OF DEBT AMOUNT OF RISK ASSET MANAGEMENT ASSET MANAGER ASSETS BANK LOANS BID BIDDERS BIDDING BIDDING DOCUMENTS BIDS BOND BUDGETING CAPABILITY CAPACITY BUILDING CASH FLOW CONTRACT VALUE COPYRIGHT DAY-TO-DAY MANAGEMENT DEBT DEBT INTEREST DELIVERY OF GOOD DERIVATIVE DEVELOPING COUNTRIES DRAINAGE DRIVING ECONOMIC BENEFITS ECONOMIES OF SCALE EMPLOYMENT EXPENDITURE EXTERNAL BORROWING EXTERNAL CONSULTANT EXTERNAL FUNDING FINANCIAL EXPOSURE FINANCIAL INCENTIVE FINANCIAL MANAGEMENT FINANCIAL TRANSACTIONS FISCAL CONSTRAINT FLOW CHART HELP DESK HIGHWAY HIGHWAY AUTHORITIES IMPLEMENTATION PROCESS IMPLEMENTATION STRATEGY INDUSTRY INVOLVEMENT INNOVATION INSPECTION INSPECTIONS INTEREST COSTS INTERNATIONAL BANK INTERNATIONAL CONSULTANTS INTERNATIONAL LENDING INVENTORY INVESTING INVESTMENT DECISIONS LABOR ORGANIZATIONS LABOR SHORTAGES LANES LEGAL FRAMEWORK LEGAL ISSUES LICENSES LOAN LOCAL CAPACITY MATERIAL MONIES MOTIVATION NATURAL DISASTERS NETWORKS NEW TECHNOLOGIES OUTPUTS OUTSOURCING PARADIGM SHIFT PAVEMENT MAINTENANCE PAVEMENT REHABILITATION PERFORMANCE INDICATORS PERFORMANCE MEASURE PERFORMANCE MEASURES PHOTO PHYSICAL ASSETS PHYSICAL INFRASTRUCTURE PROCUREMENT PROCUREMENT PROCESS PROFIT OPPORTUNITIES PUBLIC WORKS QUERIES RENEGOTIATION RESOURCE ALLOCATION RESULT RESULTS RETENTION RETURN RETURNS RISK MANAGEMENT RISK SHARING ROAD ROAD INFRASTRUCTURE ROAD MAINTENANCE ROAD MANAGEMENT ROAD NETWORK ROAD SAFETY ROAD SECTOR ROAD TAXES ROAD USER ROAD USERS ROADS SAFETY IMPROVEMENTS SAFETY ISSUES SERVICE PROVIDERS SIGNAGE SOCIAL SERVICES STATEMENT STREET LIGHTING SUPERVISION TARGETS TECHNICAL MEASURES TECHNICAL SUPPORT TELEPHONE TENDERING TENDERS TOLLS TOP MANAGEMENT TRADE FACILITATION TRAFFIC TRANSPARENCY TRANSPORT TRANSPORT AGENCIES TRANSPORTATION TRAVEL SPEEDS TRUCKS TRUE VEHICLE VEHICLE USAGE VEHICLES WEB WORK FORCE |
| spellingShingle |
ACCESSIBILITY ACCIDENTS AMOUNT OF DEBT AMOUNT OF RISK ASSET MANAGEMENT ASSET MANAGER ASSETS BANK LOANS BID BIDDERS BIDDING BIDDING DOCUMENTS BIDS BOND BUDGETING CAPABILITY CAPACITY BUILDING CASH FLOW CONTRACT VALUE COPYRIGHT DAY-TO-DAY MANAGEMENT DEBT DEBT INTEREST DELIVERY OF GOOD DERIVATIVE DEVELOPING COUNTRIES DRAINAGE DRIVING ECONOMIC BENEFITS ECONOMIES OF SCALE EMPLOYMENT EXPENDITURE EXTERNAL BORROWING EXTERNAL CONSULTANT EXTERNAL FUNDING FINANCIAL EXPOSURE FINANCIAL INCENTIVE FINANCIAL MANAGEMENT FINANCIAL TRANSACTIONS FISCAL CONSTRAINT FLOW CHART HELP DESK HIGHWAY HIGHWAY AUTHORITIES IMPLEMENTATION PROCESS IMPLEMENTATION STRATEGY INDUSTRY INVOLVEMENT INNOVATION INSPECTION INSPECTIONS INTEREST COSTS INTERNATIONAL BANK INTERNATIONAL CONSULTANTS INTERNATIONAL LENDING INVENTORY INVESTING INVESTMENT DECISIONS LABOR ORGANIZATIONS LABOR SHORTAGES LANES LEGAL FRAMEWORK LEGAL ISSUES LICENSES LOAN LOCAL CAPACITY MATERIAL MONIES MOTIVATION NATURAL DISASTERS NETWORKS NEW TECHNOLOGIES OUTPUTS OUTSOURCING PARADIGM SHIFT PAVEMENT MAINTENANCE PAVEMENT REHABILITATION PERFORMANCE INDICATORS PERFORMANCE MEASURE PERFORMANCE MEASURES PHOTO PHYSICAL ASSETS PHYSICAL INFRASTRUCTURE PROCUREMENT PROCUREMENT PROCESS PROFIT OPPORTUNITIES PUBLIC WORKS QUERIES RENEGOTIATION RESOURCE ALLOCATION RESULT RESULTS RETENTION RETURN RETURNS RISK MANAGEMENT RISK SHARING ROAD ROAD INFRASTRUCTURE ROAD MAINTENANCE ROAD MANAGEMENT ROAD NETWORK ROAD SAFETY ROAD SECTOR ROAD TAXES ROAD USER ROAD USERS ROADS SAFETY IMPROVEMENTS SAFETY ISSUES SERVICE PROVIDERS SIGNAGE SOCIAL SERVICES STATEMENT STREET LIGHTING SUPERVISION TARGETS TECHNICAL MEASURES TECHNICAL SUPPORT TELEPHONE TENDERING TENDERS TOLLS TOP MANAGEMENT TRADE FACILITATION TRAFFIC TRANSPARENCY TRANSPORT TRANSPORT AGENCIES TRANSPORTATION TRAVEL SPEEDS TRUCKS TRUE VEHICLE VEHICLE USAGE VEHICLES WEB WORK FORCE Gericke, Ben Henning, Theuns Greewood, Ian A Guide to Delivering Good Asset Management in the Road Sector through Performance Based Contracting |
| relation |
Transport papers series;no. TP-42B |
| description |
The road sector represents a significant
asset to any country both in terms of the physical cost to
build it, and the social and economic benefits that it
facilitates. Good asset management in the road sector is
about obtaining the desired benefits at the least
whole-of-life cost, and it is therefore natural to seek to
implement a robust asset management approach on what is
typically a nation's largest asset. Implementation of
performance based contracting (PBC) necessitates the
identification of many of the cornerstones to asset
management, such as knowing the asset, managing risks, and
determining the sustainable level of service for the funds
available. The aim of this guide is to help understand: (1)
what asset management is and why it is important; (2) how
performance based contracting delivers good asset
management; and (3) the issues and challenges associated
with successful implementation of a performance based
contract. This guide is focused on PBCs with a significant
contract term. This guide draws extensively on the report,
review of performance based contracting in the road sector,
phase 1: tasks 1 to 6 which examined 35 projects across 27
countries, combined with the knowledge of an international
project team. |
| format |
Publications & Research :: Working Paper |
| author |
Gericke, Ben Henning, Theuns Greewood, Ian |
| author_facet |
Gericke, Ben Henning, Theuns Greewood, Ian |
| author_sort |
Gericke, Ben |
| title |
A Guide to Delivering Good Asset Management in the Road Sector through Performance Based Contracting |
| title_short |
A Guide to Delivering Good Asset Management in the Road Sector through Performance Based Contracting |
| title_full |
A Guide to Delivering Good Asset Management in the Road Sector through Performance Based Contracting |
| title_fullStr |
A Guide to Delivering Good Asset Management in the Road Sector through Performance Based Contracting |
| title_full_unstemmed |
A Guide to Delivering Good Asset Management in the Road Sector through Performance Based Contracting |
| title_sort |
guide to delivering good asset management in the road sector through performance based contracting |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2014/03/19456225/guide-delivering-good-asset-management-road-sector-through-performance-based-contracting http://hdl.handle.net/10986/18646 |
| _version_ |
1764442036532936704 |